VENTURE CAPITAL POST

TECOBI founder Jason Girdner worked in the auto industry for years and saw this pain point in action all the time. He knew there must be a better way. He had his Eureka moment on the topic years ago, a system that would allow prospective car buyers to begin the process and ask most of their questions about pricing, features, safety, and more by SMS and text message.

The more mature employee among us will remember the old clock in clock out punch-card systems of days gone by. If you don't you might remember this on the opening credits of The Flintstones! More modern methods came after, some featured swipe cards to clock in and out and there were systems which scanned your hand so no one else could clock in or out for you.

Here, read about the skills required to run a successful IT start-up and how to increase your odds of success in business.

In the business world, you will often hear owners live by the phrase, "If it is not broken, do not fix it." It is either they have zero ideas of how beneficial upgrading their company's system is, or perhaps they just want to save when money.

Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.

GoPro launched its developer program, calling for companies and manufacturers to integrate their own products or services with GoPro. Under the program, third-party companies can now create apps, accessories, and mounts for GoPro’s products.

The 2016 base pay for Marc Benioff, chief executive officer of Salesforce, will be similar to that of 2015, following investors' complaints regarding his huge pay package in 2015.

Pivotal raised its objective price on Facebook's shares from $136 to $154 and restated a buy rating for the company, suggesting 51% upside to Tuesday's ending price.

The Taiwanese company unveiled its new smartphone prior to launching. The smartphone is available in three colors.

Apple Inc released an update for its OS X simultaneously. The iOS 9.3.2 for iPhone, iPad, and iPod was released for developers, along with watchOS, tvOS and Mac OS X 10.11.5.

The Korean electronic giant predicted a high increase of profit in its earning guidance. Successful sales of Galaxy 7 flagship product is the main contributor for the profit growth.

Haptik has raised $11.2 million from Times Internet through a Series B funding round. Haptik will use the fund to develop its business portfolio, boost non-natural workforce abilities as well as improve business policies.

Meizu already unveiled its newest model m3 note. The Chinese OEM is keeping its concept of quality devices with affordable prices, which makes the brand popular in China’s market.

Nest sparked outrage this week for disabling its smart home hub. It raises concern about customers right and ownership in the IoT era.

Nielsen Holdings has entered into an agreement with DISH Network to enhance its business service to the global standard. Nielsen plans to license set-top box data from DISH.